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A statistically significant positive trend in the gross gambling yield over time suggests that the gambling industry is experiencing consistent growth. The year 2020 marked a period of significant change for the gambling industry, potentially influenced by the effects of COVID-19 and lockdown measures.
There has been a noticeable transition from in-person to remote interactions within the gambling industry. This shift could be attributed to technological advancements, shifts in customer behavior, and the increased accessibility accelerated by response to COVID-19 and lockdowns.
These findings imply that there is a need to update remote licensing and online safety regulations. This is crucial to ensure the protection of individuals and the broader public, especially in light of the evolving landscape shaped by remote gambling trends and the potential risks associated with them.
Source: Gambling Commission